News
Week 2 in the legislature: We have our work cut out for us
Our testimony before the Oregon Legislature is available on our website. We’re looking at bills and talking with their sponsors. We support some and are working to amend or kill others. SB 1524 is the House and Senate tax committees’ omnibus vehicle for substantive and technical changes to law. Senate Finance held [...]
The short session: TFO’s watchlist
With the legislative session set to start February 1, we are reading bills and meeting with legislators, including two new members of the Senate Finance Committee. Among the bills we’ll be working on: Film industry subsidies. Tucked in an otherwise routine Senate omnibus bill, SB 1524, is a provision to increase Oregon [...]
Will Congress pass a Billionaires Wealth Tax?
Will a Billionaires Wealth Tax happen? The current proposal would not tax the top 1%, it would tax the top 0.0002%, just 700 billionaires. And force them to start paying taxes every year on at least some of their wealth, just like ordinary Americans who work for a living. Democrats [...]
New Tax Breaks for Google
The Oregonian’s Google set to win new tax breaks in The Dalles, makes it obvious that with two new data centers on the drawing board, Google may have played Oregon to avoid paying taxes yet again. Google may simply abandon their oldest building rather than pay all property taxes on [...]
The beginning of progress…
Last Friday, the Organization for Economic Cooperation and Development (OECD), an international organization of countries working together toward economic progress, announced that 136 countries, including the United States, have agreed to a global minimum corporate tax rate of 15%. This is huge news. For far too long, countries around the world have [...]